TEZCAN: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
TEZCAN
Largest movements
- Receivables within one year +€136,527
up €136,527 (+241.5%), from €56,524 to €193,051
of which Other amounts receivable: +€124,239
- Tangible fixed assets -€7,056
down €7,056 (-26.6%), from €26,545 to €19,489
- Profit (loss) carried forward +€63,412
up €63,412 (+182.9%), from €34,661 to €98,073
- Trade debts +€48,930
up €48,930 (+15755.0%), from €311 to €49,241
- Tax, wage and social debts +€19,052
up €19,052 (+94.5%), from €20,160 to €39,212
of which Taxes: +€22,149
- Debts after one year -€8,463
down €8,463 (-44.3%), from €19,082 to €10,619
- Short-term financial debts +€5,743
new in 2024: €5,743
- Gross operating margin +€94,788
up €94,788 (+91.0%), from €104,151 to €198,939
- Staff costs +€53,601
up €53,601 (+115.0%), from €46,619 to €100,220
- Taxes +€11,209
up €11,209 (+102.4%), from €10,941 to €22,149
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €83,626 | €212,850 | +€129,224 | +154.5% |
| Fixed assets | 21/28 | €26,855 | €19,799 | -€7,056 | -26.3% |
| Tangible fixed assets | 22/27 | €26,545 | €19,489 | -€7,056 | -26.6% |
| Furniture and vehicles | 24 | €26,545 | €19,489 | -€7,056 | -26.6% |
| Financial fixed assets | 28 | €310 | €310 | = | 0.0% |
| Current assets | 29/58 | €56,771 | €193,051 | +€136,280 | +240.1% |
| Amounts receivable within one year | 40/41 | €56,524 | €193,051 | +€136,527 | +241.5% |
| Trade receivables | 40 | €28,371 | €40,659 | +€12,288 | +43.3% |
| Other amounts receivable | 41 | €28,153 | €152,392 | +€124,239 | +441.3% |
| Cash at bank and in hand | 54/58 | €248 | - | -€248 | |
| Total equity and liabilities | 10/49 | €83,626 | €212,850 | +€129,224 | +154.5% |
| Equity | 10/15 | €36,161 | €99,573 | +€63,412 | +175.4% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,661 | €98,073 | +€63,412 | +182.9% |
| Amounts payable | 17/49 | €47,465 | €113,277 | +€65,812 | +138.7% |
| Amounts payable after more than one year | 17 | €19,082 | €10,619 | -€8,463 | -44.3% |
| Financial debts | 170/4 | €19,082 | €10,619 | -€8,463 | -44.3% |
| Amounts payable within one year | 42/48 | €28,383 | €102,658 | +€74,275 | +261.7% |
| Current portion of amounts payable after more than one year | 42 | €7,913 | €8,463 | +€550 | +6.9% |
| Financial debts | 43 | - | €5,743 | +€5,743 | |
| Credit institutions | 430/8 | - | €5,743 | +€5,743 | |
| Trade debts | 44 | €311 | €49,241 | +€48,930 | +15755.0% |
| Suppliers | 440/4 | €311 | €49,241 | +€48,930 | +15755.0% |
| Taxes, remuneration and social security | 45 | €20,160 | €39,212 | +€19,052 | +94.5% |
| Taxes | 450/3 | €11,677 | €33,827 | +€22,149 | +189.7% |
| Remuneration and social security | 454/9 | €8,482 | €5,385 | -€3,098 | -36.5% |
| Remuneration, social security and pensions | 62 | €46,619 | €100,220 | +€53,601 | +115.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,688 | €9,392 | +€704 | +8.1% |
| Other operating charges | 640/8 | €1,035 | €1,595 | +€559 | +54.0% |
| Gross operating margin | 9900 | €104,151 | €198,939 | +€94,788 | +91.0% |
| Operating profit (loss) | 9901 | €47,810 | €87,733 | +€39,923 | +83.5% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €2,309 | €2,171 | -€138 | -6.0% |
| Recurring financial charges | 65 | €2,309 | €2,171 | -€138 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €45,501 | €85,561 | +€40,060 | +88.0% |
| Income taxes | 67/77 | €10,941 | €22,149 | +€11,209 | +102.4% |
| Profit (loss) for the period | 9904 | €34,560 | €63,412 | +€28,851 | +83.5% |
| Profit (loss) for the period to be appropriated | 9905 | €34,560 | €63,412 | +€28,851 | +83.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.